Remember when Robinson Crusoe, stranded on an island, comes across a footprint in the sand.
“I stood as one thunderstruck, or as if I had seen an apparition. … I came home not feeling, as we say, the ground I went on, but terrified to the last degree, looking behind me at every two or three steps …”
The price graph of Apple (AAPL) from Thursday, November 2, 2017, pre-earnings announcement, should indicate that some footprints are not to be afraid of, but taken advantage of. Clearly, the trading activity pointed to a very positive announcement, which was confirmed when earning were announced after the close on Thursday.
